Pegatroco is a digital platform in Brazil that connects individuals with payroll-deductible loans, FGTS advance withdrawals, and benefit-linked credit cards. By functioning as a banking correspondent, Pegatroco streamlines the application process, allowing users to simulate loan options and submit applications online. The platform targets individuals receiving income through formal channels, such as INSS beneficiaries and public sector employees.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals in Brazil lack easy access to diverse credit options tailored to their specific income streams and employment status. Traditional loan application processes can be cumbersome, requiring in-person visits and extensive paperwork. This creates a need for a streamlined, digital platform that simplifies access to various credit products.
Solution
Pegatroco is a digital platform that functions as a banking correspondent in Brazil, connecting individuals with a range of credit solutions, including payroll-deductible loans, FGTS (Fundo de Garantia do Tempo de Serviço) advance withdrawals, benefit-linked credit cards, and personal loans. The platform streamlines the loan application process by allowing users to simulate loan options from multiple banks and submit applications online through a user-friendly mobile app or website. Pegatroco partners with financial institutions to offer competitive interest rates and a variety of loan products tailored to different employment sectors and income levels. By consolidating multiple loan options into a single platform, Pegatroco simplifies the comparison and selection process, empowering users to make informed financial decisions. The platform prioritizes transparency and security, ensuring that users receive clear and comprehensive information about loan terms and conditions.
Target Audience
Pegatroco primarily targets formally employed individuals in Brazil, including those receiving income through formal channels such as INSS (Brazilian Social Security Institute) beneficiaries, public sector employees (SIAPE and other government employees), and private-sector workers (CLT).
Features
- Online loan simulation tool that allows users to compare offers from multiple banks
- Digital application process accessible via mobile app and website
- Access to payroll-deductible loans (consignado), FGTS advance withdrawals (saque-aniversário), and benefit-linked credit cards
- Personal loans for formally employed individuals (CLT)
- Partnerships with multiple financial institutions to offer competitive interest rates
- Secure platform with data encryption and adherence to LGPD (Lei Geral de Proteção de Dados)
- Loan tracking and management tools within the app
- Customer support via email, phone, and WhatsApp